December 7, 2024
Automakers, industry groups call for clarifications of EV tax rules
The Treasury Department must clarify key elements of the Inflation Reduction Act as the administration moves to fully implement its tax credits for electric vehicles, say a host of automakers, industry groups, unions and other stakeholders. Companies including Tesla, Volkswagen, Panasonic, General Motors and Stellantis, as well as the United Auto Workers and Sen. Joe Manchin (D-WV), were among those responding to a Treasury Department request for public comment on the implementation of the IRA’s Section 30D, on tax credits...
Not a subscriber?
Request 30 days free access to exclusive, behind-the-scenes reporting on trade policy in the Biden era.